5G (fifth generation) is the next generation of wireless technology systems with faster upload & download speeds when compared with previous generations. The utilization of shorter frequencies (millimeter waves between 30GHz and 300GHz) is the reason that makes 5G faster. This high-band 5G spectrum offers anticipated improvements, not just in terms of speed but also quality, low latency, and capacity. The early testing of this technology demonstrates real-world speeds of 700-3000 Mbps (3 Gbps), which users may experience until 5G becomes commercially available. 5G will take seconds to download movies that took minutes with 4G networks. Although smartphones and other mobile devices are the obvious use cases of 5G, the technology finds several other applications. For example, the Internet of Things (IoT) would greatly benefit from the high speeds and the bandwidth that 5G provides. Robotic surgeries, autonomous vehicles, and critical infrastructure monitoring are some potential applications of 5G-enabled IoT.
New York, NY -- (SBWIRE) -- 10/06/2020 -- Market Industry Reports (MIR) has published a new report titled "5G Chipset Market- Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020–2030." According to the report, the Global 5G Chipset Market accounted for over US$ 1.3 billion in 2019. It is anticipated to grow at a CAGR of 48.9% from 2019 to 2030.
The 5G chipset market is driven by factors, such as reduced latency, greater bandwidth, maximum network
capacity, low power utilization for cell phones as well as IoT devices, and extensive coverage. Also, enhanced cellular networking capabilities, increased mobile broadband utilization, increased process efficiency with the implementation of 5G, improved multitasking capabilities, and the demand for high internet speeds add to growth of the 5 G chipset market. Moreover, rapid advancements in mobile systems that are based on wireless internet, such as home automation devices, drones, self-driving cars, and others, are expected to contribute to the 5G chipset market.
The Market Industry Reports delivers well-researched industry-wide information on the 5G Chipset market. It provides information on the market's essential aspects such as top participants, factors driving 5G Chipset market growth, precise estimation of the 5G Chipset market size, upcoming trends, changes in consumer behavioural pattern, market's competitive landscape, key market vendors, and other market features to gain an in-depth analysis of the market. Additionally, the report is a compilation of both qualitative and quantitative assessment by industry experts, as well as industry participants across the value chain. The report also focuses on the latest developments that can enhance the performance of various market segments.
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Competitive Spectrum of the 5G Chipset Market Encompasses Companies such as: Qualcomm Technologies, Inc., Intel Corporation, Nokia, SAMSUNG, Xilinx, IBM, Infineon Technologies AG, Renesas Electronics Corporation, Qorvo, Inc., Anokiwave, and others.
5G Chipset Market Segmentation:
By Product:
- Customer Premises Equipment (CPE)
- Network Infrastructure Equipment and Devices
By Operational Frequency:
- Sub-6 GHz
- Between 26 and 39 GHz
- Above 39 GHz
By IC Type:
- Radio Frequency Integrated Circuit (RFIC)
- Application Specific Integrated Circuit (ASIC)
- Cellular Integrated Circuit (Cellular IC)
- Millimeter Wave Integrated Circuit (mmWave IC)
By End User:
- Healthcare
- Automotive & Transportation
- Energy & Utilities
- Industrial Automation
COVID-19, the disease it causes, surfaced in late 2020, and now had become a full-blown crisis worldwide. Over fifty key countries had declared a national emergency to combat corona virus. With cases spreading, and the epicentre of the outbreak shifting to Europe, North America, India and Latin America, life in these regions has been upended the way it had been in Asia earlier in the developing crisis. As the corona virus pandemic has worsened, the entertainment industry has been upended along with most every other facet of life. As experts work toward a better understanding, the world shudders in fear of the unknown, a worry that has rocked global financial markets, leading to daily volatility in the U.S. stock markets.
Key Target Stakeholders Covered in Study:
==> 5G Chipset Manufacturers
==> Global 5G Chipset Distributors/Traders/Wholesalers
==> 5G Chipset Component / Raw Material Producers
==> Downstream Vendors
5G Chipset Market Segmented by Region/Country: North America, Europe, Asia Pacific, Middle East & Africa, and Central & South America
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The analysis objectives of the report are:
- To equitably share in-depth info regarding the crucial elements impacting the increase of industry (growth capacity, chances, drivers and industry specific challenge and risks).
- To know the 5G Chipset Market by pinpointing its many sub segments.
- To profile the important players and analyze their growth plans.
- To endeavour the amount and value of the 5G Chipset Market sub-markets, depending on key regions (various vital states).
- To analyze the Global 5G Chipset Market concerning growth trends, prospects and also their participation in the entire sector.
- To examine and study the Global 5G Chipset Market size (volume and value) form the company, essential regions/countries, products and applications, background information and also predictions to 2030.
- Primary worldwide Global 5G Chipset Market manufacturing companies, to specify, clarify and analyze the product sales amount, value and market share, market rivalry landscape, SWOT analysis and development plans for the next coming years.
- To examine competitive progress such as expansions, arrangements, new product launches and acquisitions on the market.
Key points from Table of Content:
Chapter 1 Introduction
Chapter 2 Key takeaways
Chapter 3. 5G Chipset Market landscape
Chapter 4. 5G Chipset Market Key industry dynamics
Chapter 5.5G Chipset Market – global market analysis
Chapter 6. 5G Chipset Market revenue and forecasts to 2030 – installation type
Chapter 7. 5G Chipset Market revenue and forecasts to 2030 – end-user
Chapter 8. 5G Chipset Market revenue and forecasts to 2030 – geographical analysis
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